Emergency
beacon transmitters are tracking devices that assist in the detection
and location of boats, aircraft, and people in distress. When the
transmitter is activated, the beacon emits a distress signal, and
simultaneously the location of such signals is detected by
non-geostationary satellites. This information acquired is passed on
to the search & rescue authorities to locate survivors. In
situations pertaining to transferring of weapons, arms, and
ammunitions, if any emergency situation arises, emergency beacon
transmitters help military aircraft send signals about its exact
location to the earth station; this information is further passed on
to the search and rescue teams for necessary action.
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The
emergency beacons transmitter market has been experiencing massive
growth in the recent years due to rise in demand for tracking and
detecting threats enabling high security. Hence, availability of
highly reliable products in the emergency beacon transmitter market
is one of the key factors driving the growth of the emergency beacon
transmitter market. Moreover, technological advancements with
improved operation efficiency, portability and durability and rising
focus of manufactures on reducing operational costs is further
expected to fuel the growth of emergency beacons transmitter market
during the forecast period. However, high installation and
maintenance cost and visibility range of the emergency beacons
transmitter is hindering the market growth. Increasing demand for
transmitters, offering accurate information, maximize search, provide
real-time emergency tracking and response through the use of a
network of satellites known as Cospas-Sarsat system is expected to
create huge opportunities for the companies operating in emergency
beacons transmitter market.
The
global emergency beacons transmitter market is segmented on the basis
of type, technology, services, applications and geography. Based on
the type, the global emergency beacons transmitter market is
classified into personal locator beacons, emergency position
indicating radio beacons and emergency locator transmitters. Based on
the technology, the global emergency beacons transmitter market is
segmented into digital and analog. On the basis of services, the
market is segmented into maintenance services, installation and
design, inspection and managed services and engineering services. In
terms of application, the market is segmented military aviation,
civil aviation, merchant navy and marine defense. On the basis of
geography, the global emergency beacons transmitter market is
segmented into North America, Europe, Asia Pacific, Latin America,
and the Middle East and Africa. Among these, North America is
expected to lead the emergency beacons transmitter market in 2016.
The growth in this region is driven by technological advancements
made in the field of emergency beacons, such as GPS-enabled personal
beacons and GNSS-equipped beacons, which provide rescuers with
accurate information in emergency situations. Moreover, heavy
investments made by countries such as China, Japan, Korea, and India
in the Asia-Pacific to deploy innovative security systems is further
expected to offer sufficient growth opportunities for the emergency
beacons transmitter market in this region.
Some
of the leading companies operating in the global emergency beacons
transmitter market which are transmuting the market with technology
innovation are Honeywell International, Inc., Thales Group, Emteq,
Inc, Hamilton Sundstrand, Meggit Plc, UTC Aerospace Systems, Zodiac
Aerospace, Inc., ACR Electronics, Inc., Mcmurdo Group, Ack
Technologies, Inc., Acr Electronics, Inc., Cobham Plc, Emergency
Beacon Corporation and Mcmurdo Group.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth insights, understanding market evolution by tracking
historical developments, and analyzing the present scenario and
future projections based on optimistic and likely scenarios. Each
research report serves as a repository of analysis and information
for every facet of the market, including but not limited to: Regional
markets, technology developments, types, applications, and the
competitive landscape.
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